The dinner party bores have fallen silent as the ABC reports on Canberra’s ever softening real estate market:
the situation in Canberra is different where real estate prices slipped 1.5 per-cent in October.
The Housing Industry Association (HIA) says uncertainty over public service jobs is driving the fall.
HIA senior economist Shane Garrett says the easing of prices in the national capital is not surprising after the election.
“It is a fall back in price values in Canberra over the last quarter.
Having recently been looking for a rental property I was surprised to see naked panic amongst landlords. That’s got to flow on eventually.
Shall we call this a win for Andrew Barr’s affordable housing policies?